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Purple Innovation Plans Approximate 13% Net Reduction Of Its Workforce; Expects To Incur Restructuring Costs Of $35M - $45M; Company Does Not Expect These Actions To Impact 2024 Guidance

Purple Innovation Plans Approximate 13% Net Reduction Of Its Workforce; Expects To Incur Restructuring Costs Of $35M - $45M; Company Does Not Expect These Actions To Impact 2024 Guidance

紫色创新计划近13%的净员工减少;预计将产生3500万至4500万美元的重组成本;公司不希望这些举措影响2024年的指导方针
Benzinga ·  08/22 16:15

Purple will remain headquartered in Utah with its 4 showrooms; all R&D activities will continue to be based in the Innovation Center that Purple opened in Draper, Utah last year.

Purple将继续总部设在犹他州,拥有4个展厅;所有研发活动将继续在犹他州德雷珀的创新中心开展,该中心去年由Purple开设。

As part of the plan, the company expects to open a new distribution center in Utah. Purple also plans to increase capacity at its Georgia manufacturing facility.

作为计划的一部分,该公司计划在犹他州开设一个新的配送中心。Purple还计划增加其乔治亚制造设施的产能。

These actions are expected to be completed in early 2025 and generate $15 to $20 million in EBITDA benefit on an annualized run-rate basis starting in 2025. The Company expects to incur restructuring costs of $35 to $45 million, beginning in the third quarter of 2024 through the second quarter of 2025, of which $26 to $32 million is non-cash. The Company does not expect these actions to impact full-year 2024 guidance targets.

预计这些举措将于2025年初完成,并从2025年开始,每年产生1500万至2千万美元的EBITDA效益。该公司预计将在2024年第三季度至2025年第二季度之间承担3500万至4千5百万美元的重组成本,其中2600万至3200万美元是非现金成本。该公司预计这些举措不会影响2024年全年的业绩指标。

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